Entertainment Betting Guide 2024

Written by: Sarah Sheikh, Content Researcher and Writer
Last updated:
8 minute read
entertainment betting guide

Entertainment betting online is not only fun but also profitable, especially for those who follow pop culture. The best place to make wagers on entertainment and pop culture is at online gambling sites. Not only will you have a much more extensive list of options compared to land-based sportsbooks, but there will be other perks such as VIP programs and deposit bonuses.

Betting on entertainment and pop culture isn’t likely something that people would have envisioned was possible 20 years ago. However, these days betting on celebrity gossip, pop culture, politics and other aspects of the entertainment world are becoming more and more popular. The best part about entertainment betting is it is nearly limitless when it comes to betting options, as it’s up to the oddsmakers to come up with markets on just about anything they want when it comes to the entertainment realm.

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How To Bet On Entertainment

Before you can dive into betting on entertainment and pop culture, you need to get down the basics of betting sports online. That means signing up a sportsbook, depositing, receiving a bonus, and then placing a bet. Luckily, placing a wager on an entertainment betting market is the same as betting on most sports. If you’re already a sports bettor, then these steps will already be familiar to you.

  1. Choose A Reputable Betting Site – Depositing at the first betting site that you come across is a major mistake and one that may sour your sports betting experience. Not all sports betting sites are created equal, and some should be avoided. We’ve have reviewed just about every betting site online and compiled our favorites for bettors.
  2. Choose A Deposit Method – Depending on where you’re located; your deposit methods will be different. Traditional methods such as credit cards and debit cards are available at just about every betting site online, but we recommend using cryptocurrencies, as they’re fast and free when it comes to deposits and withdrawals.
  3. Get A Bonus – Deposit bonuses are one of the best reasons to bet online. Almost every betting site will have a deposit bonus available when bettors sign up. It’s important to take advantage of this when making a deposit. Many sports betting sites online will offer larger bonuses and promotions when depositing up with cryptocurrencies, as well.
  4. Choose Your Bet – Once you have deposited and gotten your bonus, it’s time to place a bet. Entertainment bets are not one of the most popular markets, so they won’t likely be promoted on the main page. Instead, you can find them on the betting menu of a sportsbook which is usually on the left side of the screen.
  5. Place Your Wager – After you have chosen your selection and added it to your bet slip, it’s time to place your bet. Be sure you have selected the correct wager and amount before hitting submit. Most betting sites now have gone to one-click confirmations instead of two clicks.

Recommended Entertainment Betting Sites

The best entertainment sites will have the most betting options and the highest limits. The number of markets offered for each sport or any specific event you wish to bet on is something to consider when choosing a sportsbook for betting entertainment markets online. However, it’s still most important to deposit at sports gambling sites that are reputable and pay their players. Ideally, you aim for a trustworthy betting site that has tons of entertainment betting options.

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Entertainment Betting Markets

There is a large assortment of exciting betting options online. The number of things you can bet on in the entertainment world can be unlimited. Not only will you be able to bet on the outcome of prominent television and movie award shows, but all sorts of other events, such as celebrity relationships, politics, reality TV and more.

Betting On Awards Shows – BET ON THE OSCARS

how to bet during the award season

Awards shows are the most popular form of entertainment betting. The Academy Awards or Oscars are extremely popular for award-show watchers and bettors, alike.

There is always an extensive list of betting markets and previews for the Oscars. Other significant awards that have betting odds are the Emmys, the Tony’s, and the Nobel Prize.

Betting On Reality Shows

bet on reality shows

Behind award shows, these are the second-most popular entertainment betting markets. Reality television is indeed not in short supply (we have more than enough!), and neither are people who want to bet on it.

The Bachelor and the Bachelorette seem to be two shows where betting odds are regularly referenced. Other favorite shows that are widely bet is Big Brother, and I’m A Celebrity Get Me Out of Here.

Betting On Pop Culture

bet on pop culture

Celebrities and pop culture are a considerable portion of the rest of entertainment betting online. There are often odds when feuds between stars and actors on what they might say next.

Of course, celebrities and their dating lives are also another topic that betting markets are centered around. Whoa particular celebrity’s next partner might be or how long a marriage will last are popular markets. There are also regularly odds on which actor or actress might take a movie role, such as who might be the next James Bond.

Miscellaneous Entertainment Bets

bet on celebrity markets

It’s impossible to list all the possible markets when it comes to betting on entertainment. There can be odds on anything and everything regarding the entertainment and pop culture world.

Some betting sites even have betting choices where you can bet on which celebrity will die first between two selections. It is an entirely different world of wagering compared to sports betting and with lots of wacky options.

What Types Of Entertainment Bets Can You Make?

Entertainment betting offers a variety of different wagering types. Outrights that double as futures markets are the most popular, but there are all sorts of different types of bets, such as over/unders and propositions related to significant events. For you’re interested in entertainment wagering – you will get plenty of bet variety.

Outrights And Futures Bets

Futures and outrights are the most common bet type in entertainment betting markets. These bet types usually cannot push, as their outcomes are definitive, rather than something that has the possibility of pushing, such as a bet on a point spread or a total. Let’s look at a betting market on who might be the next James Bond:

Odds to Be the Next James Bond

  • James Norton +230
  • Cillian Murphy +250
  • Jack Huston +250
  • Idris Elba +650

We can wager on which actor will be the next James Bond in this market. It utilizes moneyline odds, which are the most common odds type taken at sportsbooks servicing Americans. There are no pushes on a market like this. You must correctly bet on the next actor who is cast as James Bond, or your wager will be graded as a loss.

Totals Bets

These bets are also straight wagers but involve an over/under element. They are like totals in football or basketball but are simply not related to a sporting event. However, the wagers are graded in the same way. You must choose over or under the oddsmakers number on an event. Let’s look at another example:

How Long Will the Gov’t Shutdown Last After Jan. 8?

  • Over 20.5 Days +130
  • Under 20.5 -170

We have a political market based on the government shutdown. Bettors wager over or under of 20.5 days as the length of the time that the shutdown lasts. The over is an underdog at +130 and the under is the favorite at -170.

Propositions Bets

Prop markets are sort of out of place in entertainment betting, because they’re traditionally bet types that are not related to the final scoreline or point total of a game. Propositions when it comes to entertainment betting are betting markets associated with a significant event but are more secondary. Such as the clothing color or type of hat someone might wear at a prominent wedding or what a performer might do during the Super Bowl.

One of the most famous events for entertainment props was the Royal Wedding between Meghan Markle and Prince Harry. There were all sorts of props available for this event, such as:

Who Will Walk Meghan Markle Down the Aisle?

  • Thomas Markle -200
  • Doria Ragland +400
  • Meghan Walks Alone +1400
  • Prince William, Prince Charles, or Lindsay Roth +1800

This prop centers around who will walk Meghan Markle down the aisle. Gamblers have several different choices for this bet. Once again, with this market, there can be no pushes, provided the sportsbook has listed all possible outcomes. Prop bets are more available for high profile events.

Entertainment Betting Strategy And Tips

Now that you have the basics down when it comes to entertainment betting, it’s time to move onto some more advanced strategy. Entertainment is betting online, more so than traditional sports, is a bit of a mixed bag. There are so many different options that spawn multiple areas, such as pop culture, awards show, and current events. Developing a strategy for each category while keeping a handle on the basics is a must.


This one is a bit obvious. If you’re super into the Academy Awards and follow movies extensively, then your focus should likely be on those markets, at least to start. Or, if you’re super in tune with pop culture, then that’s where you should likely begin wagering. There will always be time to try to handicap and learn other entertainment markets later, but when you start, the places where you’re already familiar should be your focus.

Betting Tip #2 Use Betting Sites With Entertainment Betting Options

We mentioned this a bit above, but it bears repeating. It’s always essential to value trust and payout speeds over markets, but if you’re interested in betting entertainment markets or a specific event – then you will need to be sure that the betting site has those options available. It’s always best to do this before depositing, rather than making a deposit and the betting site not having the options you want.

Betting Tip #3Maximize Bonuses

Nearly all betting sites offer bonuses, but one primary key for those that want to bet online is maximizing them. For instance, if a site offers a 50% Bonus Up to $500, then you should try to deposit the $1,000 necessary to get the full $500. Maximizing your first-deposit bonus is always worth doing if you’re able, as some sites may not offer any additional rewards other than the first deposit.

Betting Tip #4Utilize Multiple Online Gambling Sites

Using several different betting sites will not only give you access to more markets and the ability to earn more bonuses, but it will also allow you line shop effectively and always get yourself the best price. This is especially vital with entertainment markets, where there can be much larger differences in the odds compared to major markets, such as the NFL or NBA. Using several bettings sites online will also allow you to bet more on markets you particularly like as you will have the ability to wager more if you use a few different gambling sites.

Betting Tip #5Try Not To Bet With Emotion

This goes for all sports betting, but it can be more of a problem for entertainment markets. You may think that this movie was the absolute best in years and it must win or your love for a character on a reality show may sway your opinion. Ultimately, your personal preferences should be set aside when it comes to evaluating betting odds.

About the Author

Sarah Sheikh

Sarah Sheikh

Content Researcher and Writer

Sarah has been researching and writing for the iGaming industry for more than 10 years. She writes both betting and casino content for SBS with a unique honest perspective.

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